Shares and US equity futures advanced before a report that’s expected to show a slowing in US inflation, which will help shape the outlook for the Federal Reserve’s next steps. Europe’s Stoxx 600 Index advanced to a three-week high. Energy shares led gains as oil rebounded after OPEC+ leaders Saudi Arabia and Russia reaffirmed their close cooperation to support the crude market. Banks lagged, with Barclays Plc falling as much as 3.8% after Chief Executive C.S. Venkatakrishnan said stagnant deal activity, easing volatility and peaking interest rates are set to weigh on the sector’s earnings. Among individual movers, Publicis Groupe climbed to the highest level since […]
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